$650,000
$50K PRICE DROP

508 E Central Ave La Follette, TN 37766

Estimated payment $3,602/month

Total Views 89,582
-- Bed
-- Bath
4,040 Sq Ft
$161 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

This home is located at 508 E Central Ave, La Follette, TN 37766 and is currently priced at $650,000, approximately $160 per square foot. This property was built in 1930. 508 E Central Ave is a home located in Campbell County with nearby schools including Calvary Christian Academy.

Listing Agent

Tracy Lobertini

Alco Builders & Realty Co License #314386 Listed on: 02/20/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 1930

Home Design

  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4,040 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Laminate Flooring
  • Range
  • Washer and Dryer Hookup

Parking

  • Driveway
  • On-Site Parking

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 100x150

Community Details

  • 7 Units

Listing and Financial Details

  • The owner pays for trash collection, lawn maintenance, insurance, common area maintenance, taxes, advertising, licenses, exterior maintenance, HVAC maintenance, roof maintenance
  • Assessor Parcel Number 085K F 003.00

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,715

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: I 75 exit 134 to Lafollette (approximately 9 miles). Property is on the right. SOP
  • Prop. Type: Residential Income
  • Year Built: 1930
  • Lot Size: 100x150
  • Contract Info:List PriceSqFt2: 160.89
  • General Property Description:Driveway: yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Owner Pays: Trash Collection, Lawn Maintenance, Insurance, Common Area Maintenance, Taxes, Advertising, Licenses, Exterior Maintenance, HVAC Maintenance, Roof Maintenance
  • Flooring: Laminate

Exterior Features

  • Exterior Features: Windows - Vinyl
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Porch - Covered
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 085K F 003.00

Rental Info

  • Tenant Pays: Tenant Pays All Util

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 2715.43

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $130,280 $17,400 $112,880
2024 -- $130,280 $17,400 $112,880
2023 $3,275 $97,440 $17,400 $80,040
2022 $1,869 $55,600 $17,400 $38,200
2021 $1,869 $55,600 $17,400 $38,200
2020 $1,832 $55,600 $17,400 $38,200
2019 $1,869 $55,600 $17,400 $38,200
2018 $1,932 $54,480 $15,040 $39,440
2017 $1,932 $54,480 $15,040 $39,440
2016 $1,932 $54,480 $15,040 $39,440
2015 $1,790 $54,480 $15,040 $39,440
2014 $1,790 $54,480 $15,040 $39,440
2013 -- $54,480 $15,040 $39,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 Price Changed $650,000 -3.7% $161 / Sq Ft
07/24/2025 07/24/25 Price Changed $675,000 -3.6% $167 / Sq Ft
02/20/2025 02/20/25 For Sale $700,000 -- $173 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $1,150,000 --
Deed -- --
Deed -- --
Warranty Deed $31,000 --
Source: Public Records

About the Listing Agent

Tracy Lobertini

Alco Builders & Realty Co

(423) 719-4058

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A native of LaFollette, Tracy took the Alco Builders & Realty reigns in 2015. Her familiarity with the area, as well as Norris Lake, has benefited her clients tremendously.

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Source: East Tennessee REALTORS® MLS

MLS Number: 1290602

East Tennessee REALTORS® MLS

APN: 085K-F-003.00